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Everton to "assess all options" as 777 deadline expires, John Textor linked with a move

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by The Curator
Everton to "assess all options" as 777 deadline expires, John Textor linked with a move

Everton Football Club said it was now “assessing all options” regarding its future ownership after 777 Partners missed the deadline for a proposed takeover.

The Liverpool club’s owner Farhad Moshiri can now engage with new potential buyers, after the prior arrangement with 777 expired.

Everton, which was docked points this season over financial rule breaches, is expected to continue to operate as usual while it explores its ownership options.

It comes a week after media reports claimed that American billionaire, and Crystal Palace co-owner John Textor was interested in making an investment in Everton.

Subsequent reports have headlined expectations that Textor was now seeking to exit his Crystal Palace investment and would target a takeover of Everton.

The 777 Group, an investment vehicle out of Miami, owns stakes in a number of football clubs around the world include Genoa, Standard Liege, Hertha BSC and Vasco de Gama.

Elsewhere, in English football, energy drinks brand Red Bull this week bought into Leeds United and agreed a new sponsorship deal with the club – evidently extending the ‘Red Bull Football Group’ which also includes ‘RB’ Leipzig, Salzburg, and New York Red Bulls.

The Curator profile image
by The Curator

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